The much-anticipated Aptos blockchain goes live

by Arthur · October 21, 2022

Aptos launched its blockchain on Monday, and its initial coin went public on several cryptocurrency exchanges later in the week.

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Aptos is now broadcasting live

Aptos Labs’ blockchain went live on Monday, in the process becoming the first of Facebook’s spin-off networks to launch. After raising millions of dollars in VC funding, blockchain developers now have a chance to see how it performs compared to the other popular networks like Solana, Cardano and Ethereum

The original APT coin also went live on a number of cryptocurrency exchanges, including Binance, FTX, Coinbase, KuCoin and Houbi Global. The APT coin went live after the team sent 20 million tokens to its early testnet users.

Binance gets a license to operate

Leading cryptocurrency exchange Binance is on a roll. The exchange received official approval to offer its services in Cyprus, making it the third country it has achieved this feat within a month.

Binance received similar licenses in Kazakhstan and New Zealand a few weeks ago. In Cyprus, Binance was granted Class 3 registration as a Crypto Asset Services Provider (CASP) by the Cyprus Securities and Exchange Commission (CySEC).

Digital bank N26 launches services for trading cryptocurrency

The cryptocurrency market continues to grow despite the ongoing bear market. Earlier this week, N26, Europe’s first regulated mobile bank, announced it would do so launch their cryptocurrency trading services in Austria.

N26 Crypto will go live in the next few weeks, offering users access to 100 cryptocurrencies. The team said it would add more tokens to its platform when it launches.

N26’s entry into the cryptocurrency space will see it compete with other leading fintech companies, including Robinhood, PayPal and Revolut.

Telegram to auction off usernames via TON blockchain

Leading messaging platform Telegram announced earlier this week that it will launch an auction platform for usernames.

Telegram revealed that it would launch its platform on the Open Network (TON) blockchain. With a user base of over 700 million users, Telegram said it expects massive growth for its upcoming platform.

Another DeFi platform is losing money to hackers

DeFi platforms have been subject to a number of attacks since the beginning of the year. Earlier this week, an attacker siphoned off 30,437 OHM tokens (roughly $300,000) from one of Olympus DAO’s smart contracts on the Ethereum network.

Security firm PeckShield reported that the attack occurred because a contract failed to validate the attacker’s malicious money transfer request.

Peckshield added that the smart contract lacked a validation input in the “redeem() function,” which allowed the hacker to spoof input values to redeem money.

Fidelity Digital Assets will soon begin offering ETH to institutions

Fidelity Digital Assets announced earlier this week that it would begin offering Ether to institutional investors before the end of the month.

The firm informed users via email that they would soon be able to buy, sell and transfer ether, accessing the same operational excellence, robust security and dedicated customer service model provided for bitcoin investments on the platform.